Better Boards, Governance (R)evolution Brisbane, 1-4 August 2019 From Evolution to Revolution Strategies for contending with Business Disruption in For Purpose Service Providers Greg Smith Chair, The Junction Works Ltd
1990 TJW’s MISSION: Creating new possibilities in people’s lives 2019
NDIS Propositions ü Individualised funding ü Consumer ‘Choice and Control’ ü Predictability ü Competitive marketplace (albeit controlled by the NDIA as funder and price setter)
Ingredients for an effective, for-purpose Board Ø Set Board expectations Ø Set Performance indicators Ø Provide induction and training for Board members Ø Develop and support good relationships between Board members to ensure team functionality The Junction Works’ Board 2018 Ø Provide a range of communication paths
When Boards go Bad LACK OF … Ø Understanding of distinct responsibilities of the Board Ø Governance knowledge Ø Leadership from the Chair Ø Engagement with sector issues Ø Strategy that aligns with industry change Ø Business acumen Ø Robust discussion
Creating new possibilities in people’s lives In times of change it is easy to lose sight of your organisation’s Mission and Values TJW’s Values Ø Respect Ø Integrity Ø Creativity Ø Vitality Ø Excellence
Spend time exploring, discussing, defining and refining what the future of the organisation looks like. Continuously reset and refocus on the future.
Get the right mix of skills & experience onto your Board
The for-purpose’s Strategic Plan is about maintaining competitive advantage. Board members need to be involved and engaged.
OUR CHALLENGE IS… to balance the commercial practices required of contemporary business, whilst maintaining the features of purpose and passion that distinguishes the NFP from both the (bureaucratic) public sector and the (for-profit) private sector. Greg Smith Contact: g.smith@morrisonlow.com
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